(MDYG) S&P 400 Mid Cap Growth - NYSE
ETF Category: Mid-Cap Growth | Exchange: NYSE (USA) | Market Cap: 2.783m USD | Total Return: 27.5% in 12m
Avg Turnover: 8.55M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The SPDR S&P 400 Mid Cap Growth ETF (MDYG) tracks the S&P MidCap 400 Growth Index by investing at least 80% of its assets in constituent securities. This fund targets U.S. companies within the mid-capitalization tier that demonstrate higher growth characteristics relative to the broader market, such as strong sales growth and earnings momentum. Mid-cap growth stocks often represent established businesses that are still in an expansion phase, offering a balance between the stability of large-caps and the appreciation potential of small-caps.
The index selection process utilizes three factors to define growth: sales growth, the ratio of earnings change to price, and momentum. Investors can further analyze these underlying growth metrics and valuation ratios at ValueRay. Unlike broad market funds, this ETF specifically excludes companies classified as value within the S&P 400 universe to maintain its focus on capital appreciation.
- U.S. manufacturing and services PMI expansion drives mid-cap revenue growth
- Federal Reserve interest rate policy shifts impact growth-oriented valuation multiples
- Corporate earnings growth and margin expansion across industrial and technology sectors
- Domestic consumer spending levels dictate mid-cap retail and services profitability
As of June 29, 2026, the stock is trading at USD 110.01 with a total of 163,122 shares traded. Over the past week, the price has changed by -0.34%, over one month by +1.66%, over three months by +18.86% and over the past year by +27.47%.
Current recommended Stop Loss: 107.60 (which is 2.2% or 1.3 ATR below the current price).
S&P 400 Mid Cap Growth has no consensus analysts rating.